Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$266,448
$753

Housing Market Overview

Metric Toole County Montana Avg US Average
Median Home Price $266,448 $242,768 $242,182
Price Trend (Annual %) 32.4% 4.0% 8.2%
Median Gross Rent $753 $1,031 $1,342
Rent Trend (Annual %) 4.5% 5.1% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Toole County
Montana
United States
Year Toole County Montana United States
Median Rent Over Time
Toole County
Montana
United States
Year Toole County Montana United States

Affordability

On average, housing unit costs 5.0 yearly household incomes in Toole County.

Metric Toole County Montana Avg US Average
Median Home Price $266,448 $242,768 $242,182
Median Household Income $53,601 $69,624 $78,145
Price-to-Income Ratio 5.0 3.5 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Toole County Montana Avg US Average
Homeownership Rate 50.7% 60.1% 58.2%
Rental Rate 27.8% 26.5% 31.3%
Vacancy Rate 21.5% 13.4% 10.6%
Median Tenure (years) 20.0 15.0 15.0
Median Year Moved In 2006 2011 2011

Housing Stock

Metric Toole County Montana Avg US Average
Average Household Size 2.38 people 2.38 people 2.54 people
Median Structure Built Year 1965 1980 1978
Median Number of Rooms 5.9 5.6 5.5